texas takes a stand for bitcoin rights with introduction of new bill

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21 de may. de 2025Senate Bill 21 would create the framework for the Lone Star State to stockpile bitcoin and potentially other cryptocurrencies, with control of the reserve, and any potential buying 21 de mar. de 2025JUST IN: 🇺🇸 Texas introduces bill to protect rights of Bitcoin holders, miners, and developers. The bill talks about how Bitcoin has introduced several technological breakthroughs 22 de may. de 2025The House of Representatives in Texas passed SB 21 yesterday, which would create a strategic bitcoin reserve for the state, mirroring the one created by President Trump's 21 de may. de 2025Only the governor’s signature stands between it and becoming a law, and he has signaled his support. Despite recent setbacks, pro-crypto legislative efforts in the US are 22 de may. de 2025SB 21, the Texas Strategic Bitcoin Reserve and Investment Act, seeks to establish a state-managed Bitcoin reserve, enabling Texas to purchase, hold, and oversee 21 de may. de 2025Texas has passed Senate Bill 21, a measure establishing the Texas Strategic Bitcoin Reserve. This makes Texas the third U.S. state to adopt Bitcoin as part of its state 12 de dic. de 2025Legislation was introduced in the Texas House of Representatives on Thursday to establish a strategic bitcoin reserve, which could serve as a proving ground for the U.S. Treasury. 21 de may. de 2025Currently, BTC is the only cryptocurrency to meet the set standards by the Texas SB21 bill. If the Texas Governor signs it into law, the overall impact on the Bitcoin market 22 de may. de 2025If approved, Texas will become the second U.S. state (after New Hampshire) with a Bitcoin reserve. Abbott is expected to support the bill. He has backed crypto for years

Texas Takes a Stand for Bitcoin Rights with New Bill

Texas is emerging as a leader in cryptocurrency adoption, taking a significant step forward with the introduction and passage of a new bill designed to protect Bitcoin holders, miners, and developers. This legislation signals Texas's commitment to fostering innovation and embracing the potential of digital assets.

SB 21: The Texas Strategic Bitcoin Reserve and Investment Act

Senate Bill 21, often referred to as the Texas Strategic Bitcoin Reserve and Investment Act, has garnered significant attention. As of 21 de may. de 2025, Texas has passed Senate Bill 21, a measure establishing the Texas Strategic Bitcoin Reserve. The House of Representatives also passed SB 21 yesterday, 22 de may. de 2025, further solidifying its path to becoming law. The legislation, introduced in the Texas House of Representatives on Thursday, 12 de dic. de 2025, aims to create a strategic bitcoin reserve for the state, potentially serving as a proving ground for the U.S. Treasury.

SB 21, the Texas Strategic Bitcoin Reserve and Investment Act, seeks to establish a state-managed Bitcoin reserve, enabling Texas to purchase, hold, and oversee bitcoin, as stated on 22 de may. de 2025. Senate Bill 21 would create the framework for the Lone Star State to stockpile bitcoin and potentially other cryptocurrencies, with control of the reserve, and any potential buying, mentioned on 21 de may. de 2025. Currently, BTC is the only cryptocurrency to meet the set standards by the Texas SB21 bill, 21 de may. de 2025, focusing the initial reserve specifically on Bitcoin.

Protecting Bitcoin Rights and Innovation

The bill championed by Texas officials demonstrates a clear understanding of how Bitcoin has introduced several technological breakthroughs, highlighted on 21 de mar. de 2025. It actively works to safeguard the rights of those involved in the Bitcoin ecosystem, from individual holders to large-scale miners. This protective stance is crucial for fostering a thriving crypto industry within the state.

Awaiting Governor's Signature

Only the governor’s signature stands between it and becoming a law, and he has signaled his support, 21 de may. de 2025. If approved, Texas will become the second U.S. state (after New Hampshire) with a Bitcoin reserve, 22 de may. de 2025, further cementing its position as a crypto-friendly jurisdiction. Abbott is expected to support the bill. He has backed crypto for years, solidifying the expectation of his approval.

Impact on the Bitcoin Market

If the Texas Governor signs it into law, the overall impact on the Bitcoin market could be significant, 21 de may. de 2025. By establishing a strategic Bitcoin reserve, Texas is signaling long-term confidence in the asset and potentially influencing other states to follow suit. Despite recent setbacks, pro-crypto legislative efforts in the US are gaining momentum, 21 de may. de 2025, with Texas leading the charge. This makes Texas the third U.S. state to adopt Bitcoin as part of its state strategy, 21 de may. de 2025, indicating a growing trend towards Bitcoin adoption at the state level.